Question
Splish produces four kinds of ice cream from a single process. The total joint costs of $87,000 resulted in 3,300 gallons of vanilla, 2,800 gallons
Splish produces four kinds of ice cream from a single process. The total joint costs of $87,000 resulted in 3,300 gallons of vanilla, 2,800 gallons of strawberry, 1,800 gallons of chocolate, and 1,000 gallons of Neapolitan ice cream. Splish sells the vanilla ice cream for $3.00/gallon and sells each of the other three flavors for $3.50/gallon. How much of the joint cost will be allocated to each product if the sales value at split-off method is used? (Round proportion to 4 decimal places and and final answers to 0 decimal places.
Allocated joint costs for each Vanilla $
Strawberry $
Chocolate $
Neapolitan $
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